Word: warners
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Dates: during 2000-2009
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...time when lagging CD sales and music piracy have made the album a mere accessory to touring, merchandising and licensing, it's no wonder that ailing record labels like Warner Music Group have been exploring ways to get a piece of that much more lucrative side of the business. So just imagine how they must feel now that Live Nation, the world's largest concert promoter, is close to stealing away pop music icon Madonna for a cool $120 million in cash and stock...
...rights to sell three studio albums, promote Madonna's concerts and sell licensing name rights and merchandise, meaning a company that has never represented an artist before would suddenly be overall talent agent to one of the world's biggest music acts. If it is consummated - and both Warner Music and Live Nation refused requests to comment on the deal - it would be just the latest example of the increasingly prevalent so-called 360-degree deals that have concert promoters, record labels, ticketing agencies and management firms all invading each other's turf...
Richard Baker walks into the Time Warner Center in New York City wearing a sporty tan summer suit accented by a marigold tie with yellow socks to match. These days the real estate developer, art collector and former chef is having fun with fashion. As CEO of NRDC Equity Partners?the private-equity firm that bought Lord & Taylor?Baker is the proud new owner since October of America's oldest department store. And he's overseeing a makeover as bold as his brightly colored tie. To prove his dedication to the turnaround, he and his wife have made a pact...
...species of velociraptor, sharper-toothed than the last and eager now to take a bite. Fox News and MSNBC didn't even exist circa O.J. 1, while O.J. 3's big scoop, the hotel-room tape, was reported (i.e., purchased) by muckraker website TMZ.com (owned, like TIME, by Time Warner)--which just happens to have launched a TV spin-off show on Sept...
...Levin and Reed believe that with the return of Senator Tim Johnson of South Dakota, their measure will start with a baseline of 53 Senators, assuming no one changes his or her mind, as Virginia Senator John Warner did earlier this week on Jim Webb's proposal to limit the length of troop deployments overseas...